![]() Telegraph.co.uk |
JPMorgan's debacle, and its parallels to AIG
Washington Post This previously undisclosed derivative trade should be a wake-up call for those claiming that finance has been “reined in” and no longer presents a threat to the global economy. As it turns out, nothing could be further from the truth. Dimon's $ 23 million payday isn't the problem Wall Street's arrogance shows need to be regulated Lessons From Trades Big and Bad |